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Sep 27, 2012
09/12
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FBC
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we have tremendous deficit. fiscal cliff, health care, it is enormously expensive, it is driving a problem. one of the biggest reasons for dead. >> we need to fix the problems facing people throughout the years. ashley: very good. paul howard, thank you for being here. okay, so if you are fired up about this or any others, send us an e-mail at fox business.com. gerri willis at fox business.com. >> new numbers are out. rich edson is here with the latest details next. this used to be a land where americans dreams come true. did the golden state loses shine for dead? michael reagan weighs in. you play your cards right, you, too, can cash them at mitt romney did on his tax returns. we are on the case on "willis report" yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to
we have tremendous deficit. fiscal cliff, health care, it is enormously expensive, it is driving a problem. one of the biggest reasons for dead. >> we need to fix the problems facing people throughout the years. ashley: very good. paul howard, thank you for being here. okay, so if you are fired up about this or any others, send us an e-mail at fox business.com. gerri willis at fox business.com. >> new numbers are out. rich edson is here with the latest details next. this used to be...
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Sep 27, 2012
09/12
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FOXNEWS
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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Oct 1, 2012
10/12
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CSPAN2
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than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a fair fight? is that a fair issue? >> guest: you know, china has to live up to its obligations under the world trade organization like anyone else, but, you know, here we in the mall, washington monument there, white house there, constitution avenue. when you see the chinese feeling what really is of value, it's hiding in plain sight, the declaration of independence and the bill of rights, then you should start to worry, but if they cheat here and there, they take the next thing we produce because we have that incredible foundation here of rule of law, protection of property, and a wonderful soc
than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a...
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Oct 1, 2012
10/12
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CSPAN2
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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Sep 29, 2012
09/12
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FBC
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eye 82
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they knew they would have a one billion dollar deficit last year. on top of that they will add unscheduled pay hikes negotiated by the union. the situation is getting worse and getting worse quickly. melissa: you say if they decide to borrow. what else could they do? >> there aren't too many options. the revenue option is basically shut down. chicago property taxes are high. the growth is capped. chicago already increased excise taxes and allocated money elsewhere. not like the state government can come riding to the rescue. everyone knows illinois is broke. a federal bailout would have a lot of problems. it is unclear how the district will solve its mess. melissa: they pay 3.5% to borrow which may or may not sound like a lot, but if you compare to other places they pay 1.5% and some say that could go all the way up to 5% because they don't look responsible in their finances to the various bond rating agencies. do you think that is the case that, it could go up to five? >> you know it could go up. problem of rising interest rates and pool of discour
they knew they would have a one billion dollar deficit last year. on top of that they will add unscheduled pay hikes negotiated by the union. the situation is getting worse and getting worse quickly. melissa: you say if they decide to borrow. what else could they do? >> there aren't too many options. the revenue option is basically shut down. chicago property taxes are high. the growth is capped. chicago already increased excise taxes and allocated money elsewhere. not like the state...
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Sep 25, 2012
09/12
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FOXNEWSW
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but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in the "a" block from the obama campaign just now. we can say why do they do it that way? >> bob: oh, this one. sorry. >> kimberly: the interview, we don't have time to show the thought of it. but the biggest disappointment depends on the audience. if it's univision, it's immigration. if it's "60 minutes" it's i can't change the tone in washington. but this just in. first picture of president obama and mrs. obama in the taping of "the view" today. you got to love that. >> bob: nice picture. >> kimberly: coming up. did they have ambassador stevens on the hit list before he was killed in libya? the ambassador thought so.
but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in...
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Oct 2, 2012
10/12
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FOXNEWSW
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it seems do-able on paper, but, remember, a a lot of daylight on deficit reduction between republicans and democrats such as would gets the tax cuts and what and how federal government should be cut. those are and will be pitched battles on capitol hill. >>neil: ahead the debate, we will just say our denver fans are out in force. they must have known i would be wearing body paint. they heard that neil cavuto is coming to town and boy do we have great debate coverage planned for them and all of you at 4:00 p.m. eastern. in florida, republican congressman west has been making news and we have former governor wilder, and former governor giuliani and former debt commission co-chair, alan simpson and sarah palin joining us, home depot founder, the democratic mayor of los angeles, as well. watch us. you can tivo bret baier. he is okay with it. the guy is a saint. a saint. anyway, bucking china in the buckeye state. telling companies to lay off the lay off notices five weeks ahead of the election. do you notice a pattern here? we do. you report. you decide. the world needs a broader mix of en
it seems do-able on paper, but, remember, a a lot of daylight on deficit reduction between republicans and democrats such as would gets the tax cuts and what and how federal government should be cut. those are and will be pitched battles on capitol hill. >>neil: ahead the debate, we will just say our denver fans are out in force. they must have known i would be wearing body paint. they heard that neil cavuto is coming to town and boy do we have great debate coverage planned for them and...
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Sep 25, 2012
09/12
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WJLA
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you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve millio new jobs in four years. i'm mitt romney and i approve this message. come on, kids, we've got to go. [ knocking ] oh, no, i got to go. oh, can you make that to go? these days, nobody has time to get sick. but minuteclinic makes it easy to get well. our nurse practitioners can diagnose and write prescriptions for everything from strep throat to sinus infections with no appointment necessary, so you can feel better in no time. you guys want to go to the park? yeah! yeah! minuteclinic, the medical clinic in cvs/pharmacy. accepts united healthce benefit plans. find a clinic near you at minuteclinic.com. captioned by the national captioning institute --www.ncicap.org-- >> in a speech to the united nations general assembly, the president called a nuclear iran and tried to the existence of israel. he also condemned recent violenc
you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve millio new jobs in four years. i'm mitt romney and i approve this message. come on, kids, we've got to go. [ knocking ] oh, no, i got to go. oh, can you make that to go? these days, nobody has time to get sick. but minuteclinic makes it easy to get...
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Sep 26, 2012
09/12
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CSPAN
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,deficit. just us them to explain how the numbers work, because they do not. they do not have a deficit reduction plan. they have a deficit expansion plan. governor romney may think it is fair that someone who makes $20 million a year like he does should play a lower rate. do not boo. vote. i do not think that is fair. i do not think it helps the economy grow, so we cut taxes. we want to keep taxes for 97% of americans, and you have a so you may end up trading in that car. what happens when you spend money? that means businesses have more customers. and they hire more workers. that is what we can do to the economy. that is what we can do today, so i am looking forward to working with republicans to reduce our deficit, but i refuse to us middle-class families to give up their deductions to pay for another millionaire tax cut. [applause] i refuse to ask all the students to pay more for college or to kick children off the headstart program so i can take a tax break we do not need. [applause] we're
,deficit. just us them to explain how the numbers work, because they do not. they do not have a deficit reduction plan. they have a deficit expansion plan. governor romney may think it is fair that someone who makes $20 million a year like he does should play a lower rate. do not boo. vote. i do not think that is fair. i do not think it helps the economy grow, so we cut taxes. we want to keep taxes for 97% of americans, and you have a so you may end up trading in that car. what happens when you...
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Sep 28, 2012
09/12
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CSPAN
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the fact of the matter is i have been working to bring down the deficit for years. it is very important we do it for the very reason that was stated about national security. let's examine the facts. my number one, too, and three priorities are creating jobs in the state of nevada. we help small businesses, make nevada the energy jobs capital of the united states, we create good paying jobs right here in the state of nevada, help our tourism industry create good paying jobs. my opponent does not do anything for middle income families. he does nothing to get people back to work. i am fighting day and night to make sure we get good paying jobs, that we keep people in their homes, that we protect medicare and social security. my opponent is voting for budget after budget that takes away and balances our budget on the backs of our senior citizens and our veterans. >> thank you. our next question is directed at senator heller. >> into 2011, you voted twice, once as a congressman and once at a senator, for a plan that would change the medicare program. could you explain yo
the fact of the matter is i have been working to bring down the deficit for years. it is very important we do it for the very reason that was stated about national security. let's examine the facts. my number one, too, and three priorities are creating jobs in the state of nevada. we help small businesses, make nevada the energy jobs capital of the united states, we create good paying jobs right here in the state of nevada, help our tourism industry create good paying jobs. my opponent does not...
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Oct 3, 2012
10/12
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WTTG
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in an overall match-up, but romney is ahead with independents and more think he can best handle the deficit. according to a new quinnipiac poll coming out one day before the first debate. >> i'm delighted we'll have three debates. it will be a conversation with the american people that will span almost an entire month. we'll get to describe our respective views. >> reporter: the debate stage is nearly set at university of denver as both candidates work on final prep for the first match-up that focuses on domestic policies. romney is practicing at his colorado hotel, but he's been doing mock debates for weeks with ohio senator rob portman standing in as the president. >> i think romney has to throw the president off stride and get under his skin. maybe he mentions president obama's penchant for playing golf when the economy is souring. >> reporter: the president is prepping in nevada where he's said to be working on shorter answers and staying calm no matter what criticisms are leveled against him. >> basically they're keeping me indoors all the time. it's a drag. they're making me do my hom
in an overall match-up, but romney is ahead with independents and more think he can best handle the deficit. according to a new quinnipiac poll coming out one day before the first debate. >> i'm delighted we'll have three debates. it will be a conversation with the american people that will span almost an entire month. we'll get to describe our respective views. >> reporter: the debate stage is nearly set at university of denver as both candidates work on final prep for the first...
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Oct 2, 2012
10/12
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CNNW
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issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell you that people at the high end, high income taxpayers, are going to have fewer deductions and exemptions. >> mitt romney and i based on our experience think the best way to do this is to show the framework, show the outlines of these plans
issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >>...
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Sep 26, 2012
09/12
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FOXNEWSW
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wendell, how big is governor romney's lead on the deficit issue? >>guest: four points. a new poll, after four years of trillion dollar deficits, that may not be ohio voters' most important economic concern given they prefer president obama as governor romney as the candidate who does a better job on the economy. a spokesman said "as time progresses the field is looking like it is narrowing for them. in that sense we would rather be us than them." romney officials accuse the obama camp of spiking the ball on the 30-yard line. press secretary carney said the real question is, what would the replacement refs do if someone spiked the ball on the 30. >>shepard: that is an interesting point. chinese trade practices on the campaign trade today was a talker. >>guest: rather than the auto bailout which is usually the subject in ohio, mitt romney says that china's cheating costs jobs. he promised to crackdown on subsidies and currency manipulation. the president has won twice as many trade cases against china in four years, he says, as the predecessor did in eight years. today hi
wendell, how big is governor romney's lead on the deficit issue? >>guest: four points. a new poll, after four years of trillion dollar deficits, that may not be ohio voters' most important economic concern given they prefer president obama as governor romney as the candidate who does a better job on the economy. a spokesman said "as time progresses the field is looking like it is narrowing for them. in that sense we would rather be us than them." romney officials accuse the...
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Oct 3, 2012
10/12
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KCSM
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spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for shares in the coming months. our markets correspondent has more from frankfurt. >> the ipo is a sign of hope for many traders. they are hoping for more ipos to come. 20% of the german mobile phone operator will soon be sold on the stock market according to its parent company. of the ipo process is planned to start as early as this week. all of this is good news for people in the trading floors because ipos only work when there is a certain not of confidence on the markets. a certain amount of reliability. with all of these new players on the stock market, many people here are hoping f
spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for...
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Sep 25, 2012
09/12
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FBC
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the 2 trillion spending cut for the president is not cutting the deficit it's lowering the rate of deficit and whatever cuts they are, take place down the road. and i digress, the president doesn't mention obamacare. that simply isn't part of his campaign and yet, that's the major achievement, i thought, of his first term. why is he running away from that as well the debt? >> i don't think he's running away from either. the president's speech at the convention, today as a result of his policies. people can't be kicked off because of pre-existing conditions, there are no lifetime-- there are kids treated for cancer today because of his policy that would have-- because of his policies that would have been denied coverage just a year ago. so the reality is he's talked about the impact that the health care policy had and tremendously positive. in fact for a lot of americans. those who have to repeal it have to figure out what to say to the parents who are getting the treatment that wouldn't otherwise. stuart: and nancy pelosi, speaker pelosi says, everybody knows it, president obama is going t
the 2 trillion spending cut for the president is not cutting the deficit it's lowering the rate of deficit and whatever cuts they are, take place down the road. and i digress, the president doesn't mention obamacare. that simply isn't part of his campaign and yet, that's the major achievement, i thought, of his first term. why is he running away from that as well the debt? >> i don't think he's running away from either. the president's speech at the convention, today as a result of his...
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Sep 25, 2012
09/12
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FOXNEWSW
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dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to get whacked. >> if you made a list of all of the ta
dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by...
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Sep 28, 2012
09/12
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MSNBC
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s debtore anus >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the be >> he needs tock wite s. abo t economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his bestonth in a year. >> trapofos washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. ory tel about mitt t romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that - what's the strategy here? how are we trying toin ts ra itorfi on their side. that's why they're so inefficient with their money. spending is a wreck. message is all over the p
s debtore anus >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the be >> he needs tock wite s. abo t economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating...
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Sep 28, 2012
09/12
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KCSMMHZ
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unveils steep tax hikes on businesses and the country's wealthy as it seeks to cut the nation's budget deficit. >> in formula one, team mercedes is not going to renew michael schumacher's contract after the season is over. german chancellor angela merkel will have a formidable challenger when she seeks reelection next year. it has been announced that former finance minister peer steinbruck will be running to oppose her. >> is a sharp-witted and sharp- tongued opponent. his candidacy was announced earlier today in berlin. >> he is the spd star right now after the two other contenders made way for him. the parliamentary leader refused to run a second time, and party leader did not think he would attract enough votes, so steinbruck is said to compete against his onetime ally angela merkel for the chancellorship. >> i accept the challenge to take the spd to victory in the next election. that is our goal. we want to oust this government. >> steinbruck says he wants to head a social democrat green coalition. he has a degree in economics and is known for pragmatism and expertise in fiscal policy. he
unveils steep tax hikes on businesses and the country's wealthy as it seeks to cut the nation's budget deficit. >> in formula one, team mercedes is not going to renew michael schumacher's contract after the season is over. german chancellor angela merkel will have a formidable challenger when she seeks reelection next year. it has been announced that former finance minister peer steinbruck will be running to oppose her. >> is a sharp-witted and sharp- tongued opponent. his candidacy...
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Sep 29, 2012
09/12
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CSPAN2
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eye 138
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there is no one who is saying we should widen the deficit. everyone exceeds to it that the real debate is about how we get it done and also the nature of the government that is the consequence of how gets them. obviously government will grow. if you shrink the budget the government will retract and that has implications to the budget. it's an ongoing debate always in america but if you think about what has been accomplished in the last year everyone knows we have to solve the problem. how to solve what has resulted in an impasse and, but the fact that everybody agrees it needs to be solved is really the most important thing. >> but it seems to me that it's a math problem and as you said, if you have got you know slow but stable growth for an extended period of time here than ultimately the raponos have to go up and expenditures have to go down. neither of which is particularly healthy in terms of economic growth. if you have taxes going up in the united states and expenditures going down ultimately that has to happen if you are going to solve
there is no one who is saying we should widen the deficit. everyone exceeds to it that the real debate is about how we get it done and also the nature of the government that is the consequence of how gets them. obviously government will grow. if you shrink the budget the government will retract and that has implications to the budget. it's an ongoing debate always in america but if you think about what has been accomplished in the last year everyone knows we have to solve the problem. how to...
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Sep 25, 2012
09/12
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CSPAN
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eye 160
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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Oct 1, 2012
10/12
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CSPAN
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it's going back to a time of constrained resources, budget deficits and deficits, then -- budget deficits, then we need to make sure we are receiving their return on those funds. host: but what is the process of approval for the state and federal levels? guest: if it is formula funds, is pretty much up to the states. they do this for highway entry and then for projects. it is preparing a list of projects that technically have to be approved, making sure they meet federal standards and criteria. but it is not a strategic program, but just a list of projects. in the case of discretionary grants, and the new starts program being a big element of that, this is a resource process. something that the criteria that applied in making a decision about money to new york or money to denver, sometimes those criteria are too rigorous, not per bree, etc. it is a very extensive -- not appropriate, etc. it is a very extensive and respect application. these projects often take 10 years, 15 years, 20 years in some cases to be completed. there has to be some degree of the assurance that the federal funds wi
it's going back to a time of constrained resources, budget deficits and deficits, then -- budget deficits, then we need to make sure we are receiving their return on those funds. host: but what is the process of approval for the state and federal levels? guest: if it is formula funds, is pretty much up to the states. they do this for highway entry and then for projects. it is preparing a list of projects that technically have to be approved, making sure they meet federal standards and criteria....
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specifics whether it's the american jobs act or whether it's his plan to responsible bring down the deficit by $4 trillion. this is specifics that are coming out of our ears specifics. mitt romney -- this debate and the issue you raised is more about how they see the country and mitt romney has made clear and i was watching that interview with absolute disbelief as i'm sure many americans were that he thinks people making $50,000 a year, that's a fire fighter, a nurse, a teacher, those people should pay 1 a. higher rate than people making millions. and this is a real difference between their views of the world, that i views of country and what their priorities are and how their prities will impact their plans. and that's a central debate in this election over the next 40 something days. >> i have to ask you, though, because you've been getting a lot of krcritics about the fact that the president would sit with the ladies "the view" and not take any one-on-ones. and nothing wrong with the interview with helthem, it's ju the timing. why not wait and instead of opening up such a vulnerable att
specifics whether it's the american jobs act or whether it's his plan to responsible bring down the deficit by $4 trillion. this is specifics that are coming out of our ears specifics. mitt romney -- this debate and the issue you raised is more about how they see the country and mitt romney has made clear and i was watching that interview with absolute disbelief as i'm sure many americans were that he thinks people making $50,000 a year, that's a fire fighter, a nurse, a teacher, those people...
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debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass slowing down money we'll hear from blogger author and radio host karl denninger of the markets are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but daunting name and the right side what exactly does this entailed one break down the potential damage and word of a day and give you a glaring example of the wasteful costs of political uncertainty all ready documented plus we have a potpourri of manufacturing data out some points to opposite directions for the u.s. and of fluid it points to negative. outcomes in europe are gas will help us make sense of these ingredients and tell us why he thinks the u.s. recession is already baked into the cake let's get to today's capital account. so income obama and. mitt romney are getting ready to face off in t
debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass slowing down money we'll hear from blogger author and radio host karl denninger of the markets are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but...
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Sep 29, 2012
09/12
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? the average income of those folks is $8.4 million the year. they do not need a tax cut. that what? middle-class families need a handout. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. g
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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Sep 25, 2012
09/12
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hard choices to be made but saying he's looking out for kids down the line and not having some larger deficit when they get out of school. that's going to do it for this hour. don't go anywhere, "now" with alex wagner is coming up. i know a lot to talk about beuse we've been seein both ckorthhis morning from cgi to the u.n. and now the mitt romney and education nation. >> it is a big day in the big apple, thomas, with everything from education, foreign policy and free speech on the menu. it is tuesday, september 25th, and this is "now." >>> joining me
hard choices to be made but saying he's looking out for kids down the line and not having some larger deficit when they get out of school. that's going to do it for this hour. don't go anywhere, "now" with alex wagner is coming up. i know a lot to talk about beuse we've been seein both ckorthhis morning from cgi to the u.n. and now the mitt romney and education nation. >> it is a big day in the big apple, thomas, with everything from education, foreign policy and free speech on...
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Sep 29, 2012
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there's no one who is saying we have to widen the deficit or the deficit, as wide as it is, it's not a problem. everyone exceeds to it, but the debate is about how to get it done, and also, the nature of the government that's the consequence of how it gets done. if you spend more, government grows. if you shrink the budget, government contracts, and that has implications for the republic that have been debated since jefferson and hmm lton. it's an ongoing debate always in america, but if you think about what's been accomplished in the last year, everyone knows we have to solve the problem. how we solve it resulted in the impasse, but the fact everyone agrees it needs to be solved is really the most important thing. >> but it seems to me that it's a math problem, and as you said, if you've got, you know, slow, but stable growth for an extended period of time here, then ultimately, revenues have to go up and expenditures have to go down. neither of which is particularly healthy in terms of fostering economic growth. if you have taxes going up in the united states and expenditures go do
there's no one who is saying we have to widen the deficit or the deficit, as wide as it is, it's not a problem. everyone exceeds to it, but the debate is about how to get it done, and also, the nature of the government that's the consequence of how it gets done. if you spend more, government grows. if you shrink the budget, government contracts, and that has implications for the republic that have been debated since jefferson and hmm lton. it's an ongoing debate always in america, but if you...
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government bonds issued by the treasury which then the treasury uses to pay down the debt to finance the deficit at a low levels so it's a very vicious cycle that maybe people aren't as aware of the impacts and we're going to talk about it right that's all coming up next on the capital account with lauren lester thanks lauren that's going to do it now for the news but you can always check out our you tube channel you tube dot com slash r t america our website our t.v. dot com slash usa follow me on twitter as well we'll be back here and a half hour. i've . not. easy to be. easy to. see.
government bonds issued by the treasury which then the treasury uses to pay down the debt to finance the deficit at a low levels so it's a very vicious cycle that maybe people aren't as aware of the impacts and we're going to talk about it right that's all coming up next on the capital account with lauren lester thanks lauren that's going to do it now for the news but you can always check out our you tube channel you tube dot com slash r t america our website our t.v. dot com slash usa follow...
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. >> they came to narrow the deficit next year to 3% of national output -- date came to narrow the deficit next year. >> among the measures -- a temporary 75% income tax on earnings over 1 million euros. business also faces cuts in tax breaks. the prime minister presented the 2013 budget. >> this is a budget for social justice. and it is a budget for growth. it prepares us for the future. it is a courageous and responsible budget. >> the package includes public spending cuts of 10 billion euros. france's economy is in a precarious position. second quarter gdp was stagnant, and unemployment has just talked 3 million -- topped 3 million. the government is aiming to make good on election promises while making sure austerity does not hit france into recession -- tip france into recession. >> spanish banks will need 59 billion euros to get back on their feet according to a new report commissioned by the spanish government. >> that will help take pressure off the prime minister, who is seeking to avoid a bailout. spain says they will ask for around 40 billion euros of the total sum, while the re
. >> they came to narrow the deficit next year to 3% of national output -- date came to narrow the deficit next year. >> among the measures -- a temporary 75% income tax on earnings over 1 million euros. business also faces cuts in tax breaks. the prime minister presented the 2013 budget. >> this is a budget for social justice. and it is a budget for growth. it prepares us for the future. it is a courageous and responsible budget. >> the package includes public spending...
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Oct 1, 2012
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europe rallying from a 10-6 deficit to match the largest come back in the event's history. sinking the 14 st. and deciding -- the deciding point at the 18th hole. the mad dash for william mac ill roy who needed a police motorcade because he arrived 11 minutes before tee time. he forgot ill sinl tral time and not eastern time. >> he thought he was going to have enough time to warm-up. didn't have enough time to warm-up. >> that is stressful. >> that is the only thing on my tv. >> it is now 40 minutes past the hour. arnold schwarzenegger opens up for the first time about that affair. listen to this. >> she then says, hey, i think that joseph is your kid, and am i off here on this or not? >> more on that moment his wife maria schriver confronted him about his love child. >> it's the last chance to whens the question of the day amid the recent spike of insider attacks. >> let's span the globe to see what headlines are happening overseas. take a look at this. strong winds from a typhoon picking up a car sending it flying across the parking lot. wow. the video shot by a u.s. mari
europe rallying from a 10-6 deficit to match the largest come back in the event's history. sinking the 14 st. and deciding -- the deciding point at the 18th hole. the mad dash for william mac ill roy who needed a police motorcade because he arrived 11 minutes before tee time. he forgot ill sinl tral time and not eastern time. >> he thought he was going to have enough time to warm-up. didn't have enough time to warm-up. >> that is stressful. >> that is the only thing on my tv....
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zone is also at stake the government needs to save thirty billion euros in twelve months to reduce the deficit from this year's four and a half percent to three percent the e.u. ceiling for member countries higher taxes for business and wealthy individuals are expected to bring twenty billion and all and has outlined a plan to save the other ten billion by cutting public spending plans was so you know has worked in a handful of french ministries over the last twenty years he says france's current leader may fall into the same trap many of his criticizers deal. who who who the past decades of governments have been cutting and cutting and cutting mostly to expenses to balance budgets but in fact the more they cut the slower the economic growth and consequently more cuts this will be a catastrophic budget i think taxing the rich and unprecedented seventy five percent for those that earn however a million euros a year was one of our lands crucial election promises allow a publisher editor and a french millionaire says the move is nothing but a political game. did this to make his electorate come d
zone is also at stake the government needs to save thirty billion euros in twelve months to reduce the deficit from this year's four and a half percent to three percent the e.u. ceiling for member countries higher taxes for business and wealthy individuals are expected to bring twenty billion and all and has outlined a plan to save the other ten billion by cutting public spending plans was so you know has worked in a handful of french ministries over the last twenty years he says france's...
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we have this huge deficit. we have crumbling infrastructure in america, we have huge problems here, and we're a lot safer today on the afghanistan/pakistan border because of the drones. you know, it's not just that bin laden is gone. al qaeda's greatly, greatly weakened in that part of the world, so we're a lot stronger today than we were -- a lot safer from al qaeda than we were five years ago, ten years ago. so it's not that nothing has been accomplished, but having more troops stay there and try to win over the hearts and minds of the various tribes, it's tough in iraq, but it's even tougher in afghanistan. i think the president's done the rite thing, a clear deadline and we're getting out. >> to take you back home with the election coming up, what is your understanding of what the president would do in a second term to deal with the fiscal cliff and to help create jobs? >> i think you're going to see real leadership from the president from the get-go from the day after the election. i think that he believes
we have this huge deficit. we have crumbling infrastructure in america, we have huge problems here, and we're a lot safer today on the afghanistan/pakistan border because of the drones. you know, it's not just that bin laden is gone. al qaeda's greatly, greatly weakened in that part of the world, so we're a lot stronger today than we were -- a lot safer from al qaeda than we were five years ago, ten years ago. so it's not that nothing has been accomplished, but having more troops stay there and...
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changes here in the country but while france is economically struggling with an enormous dad huge budget deficit and an unemployment level the highest it's been in more than a decade the question is whether the change that people here voted for has been for the better. or if not. paris france. south america is the new hunting ground for russian oil sun isn't dials at our listeners does that was the story here is this one writes to a joint field to venezuela the company sixteen billion dollars into the carriage to block the little share with venezuela c.v.t. it's a busy time for us and if which is also tying up cross ownership deal with britain's p.p. rate of course or explains there are more twists and turns in this field and in the news where the pork right to really get the full picture when we take a look at who makes up the n.k.p. and how we got so this point so the british partners are here the russian side is represented by a our tension between the two has been brewing for years culminated when b.p. decided to venture out on its own and partner up with another or major that was wrong to e
changes here in the country but while france is economically struggling with an enormous dad huge budget deficit and an unemployment level the highest it's been in more than a decade the question is whether the change that people here voted for has been for the better. or if not. paris france. south america is the new hunting ground for russian oil sun isn't dials at our listeners does that was the story here is this one writes to a joint field to venezuela the company sixteen billion dollars...
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changes here in the country but while france is economically struggling with an almost huge budget deficit and an employment level the highest it's been in more than a decade the question is whether the change that people here voted for has been for the better. or if not. paris france and of course r.t. is coming to you live from the heart of moscow i'm wrong and i'll have more news for you after a very short break. looking at some dogs you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strength in canada and the us they come to russia and everybody is so very friendly they welcomed me with open arms and the scenery is so beautiful it's very much like alaska and so i felt at home the first sled dog was brought here from australia now a stray i've come to this remote russian village to take part in the race it's not surprising they love it this trail ira mazie. but even more amazing is the story of how racing first started here at all it wasn't the tough mushers of sled d
changes here in the country but while france is economically struggling with an almost huge budget deficit and an employment level the highest it's been in more than a decade the question is whether the change that people here voted for has been for the better. or if not. paris france and of course r.t. is coming to you live from the heart of moscow i'm wrong and i'll have more news for you after a very short break. looking at some dogs you simply do not believe they come speak and goodness how...